What is the companys stock price per share today

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Troy Tec Inc. is expected to produce $100 million FCF (free cash flow) at the end of year 3, $150 million FCF at the end of year 4, $180 million at the end of year 5 and thereafter the FCF is expected to grow at a constant rate of 4%. No FCFs ($0) are expected in year 1 and year 2. The company has $500 million of debt and 120 million shares of stock outstanding. The company's WACC (discount rate) is 9%. What is the company's stock price per share today? Use the corporate valuation.

Reference no: EM13726189

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